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Non-Tech : Ford Motor Company
F 11.78-0.6%Jun 18 4:00 PM EDT

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From: Savant2/24/2023 10:46:33 AM
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Ford’s Deep Problems Get Worse (msn.com)

Ford now has to explain to investors, consumers, and workers why the launch has gone so badly. And, in the last few days, the trouble has deepened.

CNBC reported that some Lightning trucks already sold and delivered had other problems. “On Jan. 27, a week before the fire, the company issued a “customer service action” for a small group of vehicles to have parts replaced to “prevent performance degradation” of the high-voltage battery.”

CEO Jim Farley has admitted that Ford’s quality problems are severe. He has commented that these quality issues took years to appear and will take years to fix. It is hard to believe that could be an issue with one of the world’s largest manufacturers and one with decades of experience in the auto industry.
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